After postponed vote, Mesquite to consider its first reduced-rent apartments since 2013

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After postponed vote, Mesquite to consider its first reduced-rent apartments since 2013
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On June 27, Mesquite’s planning and zoning commission will vote on an affordable housing project. The city hasn’t approved any in nine years. The commission...

off U.S. Highway 80 that would add to Mesquite’s tight apartment stock, which has shrunk over the years as demand has spiked.

“MVAH is proud to provide diverse housing options to the citizens of Mesquite,” says Darren Smith, MVAH’s head of development for the southwest region. “There hasn’t been workforce-affordable housing development approved since 2013. It’s time.”a resolution of support for the project. The vote came after a heated debate where many residents spoke of the need for more affordable housing in the city — a problem that third-party audits have documented for decades.almost 5% over the last decade.

The resolution was a key piece of MVAH Partners’ financing application to the Texas Department of Housing and Community Affairs’ competitive tax credits program. Winning funding is conditional upon the city’s approval of the $26 million project. The complex, which will have a leasing preference for veterans and military families, will have gross restricted rents up to $1,001 for one bedroom, $1,201 for two bedrooms and $1,389 for a three-bedroom unit.

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